Trading Wisdom Quotes

“One of the basic rules of classical charting is that you should not trade against the trend, so in a bull flag you should be looking to go long at the bottom of the channel, rather than looking for spots to short at the top of that channel.”
― Cheds, Trading Wisdom: 50 lessons every trader should know

“The next time $BTC #Bitcoin drops $10,000 in a day (and it will) try to remember that is a buying opportunity, not a panicking opportunity.”
― Cheds, Trading Wisdom: 50 lessons every trader should know

“If you treat trading like a hobby chances are you will be looking for a new hobby soon.”
― Cheds, Trading Wisdom: 50 lessons every trader should know

“The bottom line is that you need to cut your losers before they destroy your trading account.”
― Cheds, Trading Wisdom: 50 lessons every trader should know